Business Development Associate salary in Monaco

Average Yearly Salary of Business Development Associate in Monaco is approximately 205,761 EUR (205,784 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Business Development Associate do?

A Business Development Associate is responsible for identifying and pursuing new business opportunities to drive growth for a company. They work closely with the sales and marketing teams to develop strategies and tactics to attract new clients and expand existing customer relationships. This role involves conducting market research, analyzing industry trends, and identifying potential leads and partnerships. Business Development Associates also assist in creating and delivering sales presentations, negotiating contracts, and closing deals. They play a crucial role in building and maintaining strong relationships with clients and stakeholders, as well as keeping up-to-date with market dynamics and competitor activities.

Skills: Business Development, Sales, Marketing, Market Research, Client Relationship Management, Negotiation
Job industry: Sales and marketing

How much does Business Development Associate make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Business Development Associate a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Business Development Associate?

High salary for Business Development Associate would be somewhere between 226,337 EUR and 298,353 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Development Associate in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 205,761 EUR
Estimated Monthly Salary: 17,147 EUR
Estimated Weekly Salary: 3,957 EUR per week
Estimated Hourly Salary: 99 EUR per hour
By working as Business Development Associate a person can save up to 9,705 USD per month or 116,466 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Business Development Associate

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Monaco

Data as of 2025

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